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<br /> ' �a)..Th��p�epment of tb� principal° aum ate� interest •
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<br /> , . � D��v� ATo4�e cA��ed A�ril 2�; , 19 94 , havi�g a. � . �''s _
<br /> '- --� IR�i�Ut7C��y d�$9 Of � Q¢tober 3' 1994 �� P.�18 O !�� . . �����n��.r,�,«-
<br /> � --•.--- ��� .
<br /> - pr�,acigaa� eraQtnnt o Seveat Fo thousand Throe �mdce� a s . >Y�u, � "-��,r .
<br /> . . ���a,3a0:av� )�., ant�, anp �na-a mo �ca oAS. e�tens�otts ,��_..�����_�:_
<br /> :. .
<br /> ; � . A � _.
<br /> , . .. . an r�uea:al�. thereof: or ther�to and�any anrl ail fu�use �
<br /> . � - advances and, readaranQes hereuuder ptursuant to.aa�e or �¢�c��. -_ =
<br /> _ :_ .,. � . mvre prora��sory, notes. or aredi�. agreeatents lhesc3ft� � �_._..---
<br /> . .� ca�.3.ed� °t�tets"1.s '�±`��_ -_-
<br /> ; . -- - - --- -- -
<br /> . . t61 Tbt� pay�net►t of� o.tt[sr stmis ad�isa�aeci by �i�t¢ler " �k,,;;;�„�,,,�:�._ �-
<br /> { � ` . . '` - �at�protecrt tiie seaur�i�y: of the Note f � ` - -- --
<br /> :..� . �'�.,,..�'
<br /> . � � [a)� TP�e� perfarcn�nee o€ all c�onen�r��s and agree- �'�`--
<br /> .�'��s�: .; meats o� Be►rrv�u�r se� fo� Iier�in� au� . _ _
<br /> • ,'Y':'•,-. . . . . ,' ' . . . . . . �i,�• _- ----
<br /> ::;� ` � � �: ta) Al� indebtedness a�tcS obZig��i.o�s- of �aaotaer �-` - —
<br /> ->�:r : . ,��I.ender whetD�er direct, ind��ect, .abs��ute .o�:�.ca�- . . --_--
<br /> ..
<br /> -,...,; . � --
<br /> ,.�.. ; r,:.. � _ .. �.. --- �-- <..:.. .. -__--
<br /> . _..... . - ., . . �angent...ancT wfie�es arisirig.by�_..���;_�a�,�nt�.�'.;;cc�►�r_------- ---�----- - .- :.. -----
<br /> � ...::�., . ---
<br /> � draft, or otherwise adv��ed for the g�vse oi��;•�akinq, ---_
<br /> ;�:`�;:`.�� ,
<br /> :�i � • . , imgrovements to .#.�ae rea�.� estate bereiri�ove de�c�ibed. , , .
<br /> The Note, and ax�g .and_ all otlaei dacuments that ��care � __-
<br /> :.; i ... .:� .:;_ :_ . . —.
<br /> - the No�e or oY.��i.se execnted in connection. thc�wi�h,.._ ..___ ._. _
<br /> �� ����. includ3.nq, with�o�t limf.�tio�� quasantees. �security
<br /> �. ;, � � agreements and assignmeE►�s of Ieases an8 rents, shalY ; ' � _
<br /> .� �;. ' be r�ferred to taQSei�a as the °boari Instruments.°� - . - --
<br />.. �f; - .;''�� : �arz�omer, to prot�ect the secur3�y of this Deed• of Tsust, � . ;,-�
<br /> covenants and agrees hith Lender as follawss ,�:,t'
<br /> 1�. Pa ent cf Prf:�i� aZ� and� Interest. Ho�rower.�aa1�
<br /> - ; promptly pay wD�en�du�•.�Yte pr �.c pai�:caf and nterest c�a�; �,�a�;�y'� ;,:��j ''
<br /> � fees or charges provid�,ia, �he Nofia or itt this Deedl ��`'��ust. �'��'�.
<br /> t`�, , ,_ ; . ;,..,�. � � ' �',�,:'���l�'1��,
<br /> � 2. T3.tle. . :�c.�i��r� is the owner. �f��,�he ��!�operty and .}�?���)Gt����;°r:
<br /> ��:_41��Y'i.;�<
<br /> ' has the riqht and au�r.¢�ir�°L�,r �� .aonvey the Pror�u�'�s_,�...::.�. � _ ;,f�;,.:.�-.
<br /> ��.. ---
<br /> 3. Taxes , Assessments. Except �.�eie �� �'�are aon- :� _
<br /> tested fn good fa th, to pay w en clue all tax��y� �xe�"sai assess- '�� _
<br /> }. ; .:,.,:_ _
<br /> ments and all other charges aqainst �he P�m�erty ;an8, npon _
<br /> written demand by Lender, to p�y to bender s�2C� amount as may be � �
<br /> suffiaient to enable tha Len@er to pay sucb taxes, assessments or '`'. =
<br /> � ' other charqes as they become due. '�"�` .
<br /> } , . .'r —
<br /> ' , . . ' • :.v.'�fv.ii'f��`,-
<br /> . . �.`�;� 4. insurance. A� the beqinninq� a+� constiuc�io�::�+�r ,.�,�W��."`:.+.�;,;:�-
<br /> ;�� � .
<br /> • _ : renovation cf bu 1 ing, to keep the Proper�,v insured agasr�s� ,.;,��;�, �-�"'�"�"'-
<br /> %'•/h ..'..��;.... :r�.�'.�
<br /> ; � ; �• damage by fire, hazarols included withfn th� term "all risk „ '.°`�" •'�¢ '
<br /> �r c'l:�ti:.
<br /> covera ge", and such other hazards as Lender may rc�txire, in . . ��`.;��;;�s�
<br /> �� . amounta and wa.th companies acceptable to Lender, inc�uding a �. � • , .
<br /> �: � ' standard maztgagee clause wf�3.i loss payable to �he Lender. In . -
<br /> ,�' case of loss under such po�.i�ies, tfle Lender is authorfze@ �o ,��" � � �_ .
<br /> � �;
<br /> adjust, col7.ect and compromise all claims thereunder and sIi�Yl ,
<br /> . r � � have the option of ap�lying all or part of the insurance proceeds " ,.ti� •
<br /> �;:`-` :y.:�;i. Ii) itd any indebtedness secu=ed hereErYr and in such orcier as
<br /> ' •.';':;',;:,�; Lender may determ�ine, lii) to the HoYrower �o be usec7 for the -•, , ,
<br /> "��` ' , repair or res�oration of the Property or ��3�i) for any oth�t � I '�'�`�`�
<br /> . .� •� �� � , :,�,.';;-,;
<br /> . �,;:..���:, ,:: '� r,�,; ' purpose or a�r1 ect satisfactory to Lender w�tt8�out affecting �.� , ,, , �
<br /> =';:�, ��;•�'�ti��' ,�, ; lien of this Deed of Trust for the full amount sec�red hereTay ; , �''��
<br /> ;`�'' �, � , before such payr►ent ever toolc plaae. 1�ny application of proceeas , . ; �
<br /> � � to ittdebtedsaess shall not extend or postpone the du� date of anp
<br /> '''� payments una3er the Note, or cure any default thereuader or Fnes�-
<br /> i .,;..� �. . under. . . .
<br /> � � • . .
<br /> �#� ; � 5. Maia��aance Re airs and Cem liance wit.Ia Laws. � '
<br /> ; 4• •:�; �
<br /> � �� ;.:j Borrower shall eeg e Property n good cond t on an repa r;
<br /> ' ` shall promptly repair or replace any improventent which may be �
<br /> • � damaged or destroyed; shall not coaunit or permit any w�ste vr . �
<br /> � �' � � .., deteriarati�n of the Propertiy; shall not remove, demolish or
<br /> � _ � i substantially alter any of the improvements on the Propertyt
<br /> - =:�-.:. .-_.:-_. ..:.. . . .
<br /> .R. '��.-�j shall not co�nit, snffer or perrnit any act to be done in or npvn
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